Reply to Income Tax Notices in Jaipur
Register in 7 Days
It is beneficial to get the support of a professional firm that can ensure flawless delivery without much hassle. That's what Paravue Advisors is all about. We are a professional firm with an expert team of professionals at your service.
Talk to Expert
Why us
Devoted Expertise Team
Fluent and Trouble-free process
Secured payment gateways
Work completion in just 8-10 days.
Assistance at every stage
We worth and respect your reliance on us
Introduction to Income Tax Notice
The Income Tax Department sends notices for various reasons such as failure to complete income tax returns, any errors when completing forms, or other instances where the tax department requires any additional documents or information. There is nothing scary or shocking about the notification. But the taxpayer must first understand the notice, the nature of the notice, the applicant's order in the notice, and take compliance measures.
After the assessee (also known as the taxpayer) filed his/her Income-tax return, it is reviewed by the Tax Department. If any error or discrepancies is noted in the file tax return, the same is notified to the Inspector by notice of income tax.
Paravue provides a comprehensive range of services for families and businesses to help them maintain compliance. If an income tax notice is received contact the Paravue Tax Specialist to understand the income tax notice and determine the course of action.
Types of Income Tax Notices
The notices are issued for various purposes by the Income Tax Department.
Income-Tax Intimation under section 143 (1) - Warning sent to the Income-Tax department after the refund has been submitted to the taxpayer and processed by the CPC.
Income tax notice under section 143 (1) (a) - Issued to seek redress if there are any errors/inconsistencies in the return filed.
Income tax notice under section 139 (9) - This income tax notice is issued if the refund of income is defective.
Section 154 - If the taxpayer has filed his Income-tax return and there is an error, such as TDS credit not provided, then a rectification under section 154 is required to be included.
Income tax notice under section 245 - This income tax notice is issued to negotiate an adjustment of income tax return against the need for income tax.
Income tax notice under section 142 (1) - This income tax notice is issued for certain documents and details to the taxpayer.
Section 148 Income Tax Notice - This income tax notice is issued if the Auditing Officer has good reason to believe that the taxpayer's income has eluded the inspection.
Income tax notice under section 156 - This income tax notice is issued for payment after the completion of the income tax assessment and order approval.
Income tax notice under section 143 (2) - If a tax notice under section 143 (2) has been issued, it means that the return on income has been selected for consideration by the Auditing Officer.
Checklist of documents required to reply to such notice
Documents are required to differ from the type of Income Tax notice given to a taxpayer. The basic documents required to respond to an income tax notice will be:
Income Tax Notice copy.
Proof of the source of income (Part B) of Form 16, salary receipts, etc.
TDS Certificates, Form 16 (Part A)
Proof of Investment if applicable.
Reasons for issuance of Income Tax Notice
Income tax notice may be issued for the following reasons:
Returns are not filed.
Errors/Variations on income tax return submitted by you.
The discrepancy between TDS figures on your income tax return and what is found on Form 26AS tax department records.
Any financial transaction is made by the assessee with the knowledge of the Income Tax Department but missing out on the income tax return submitted by the auditor.
The Inspecting Officer requires certain documents and information from the taxpayer. For this purpose, you issue an Income-tax notice requesting those documents and details.
To conduct a review under section 143 (1) of the Income-Tax Act.
For any other purpose, the Inspecting Officer deems it appropriate.
How Paravue Advisors help you to achieve your dream startup?
We at Paravue Advisors guarantee a high level of satisfaction and timely delivery of your firm registration with better response to government needs through our professionals. You can contact our team on 099504-51000 or send an email to infoparavueadvisors@gmail.com for Reply to Income Tax Notices in Jaipur
Why you should choose Paravue Advisors for your assistance?
Expertise guidance
We will help you from picking up a suitable registration to getting your registration certificate. Our experts give you expert guidance on many of the processes involved in registering your business as a sole proprietorship, as well as service tax registration, sales tax, import/export code, and professional tax.
Filing Application
The professionals to assist you in the application are well-executed and can manage native registrations.
Registration Receipt
Our team will provide full assistance with the registration process. This can vary between 5 and 15 days, depending on the work done by the authorities involved.
FAQs on Income Tax Notice